113 Gonda St, Royal Oaks, CA 95076

$5,600,000
17,360
SqFt

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List Price
$5,600,000
MLS#
82048377
Property Type
Multifamily
Sqft. of Residence
17,360
Lot Size
34,848
Region
Hall Road, Las Lomas
Status
ACTIVE
County
Monterey
Acres
0.80
Year Built
1989
Parking Spaces
50

Property Description

HUGE PRICE REDUCTION! 113 Gonda Street presents a rare opportunity to acquire a 16-unit multifamily investment property located in unincorporated Monterey County near the Watsonville city limits. The property features an attractive unit mix comprised entirely of spacious three-bedroom floorplans, including a combination of 3 Bed / 2 Bath and 3 Bed / 1.5 Bath units, catering to strong family-oriented and workforce housing demand throughout the Central Coast region. The property offers onsite laundry, ample resident parking, functional layouts, and strong occupancy supported by limited housing supply and high rental demand. Large three-bedroom rental units remain limited throughout the surrounding market, positioning the property for continued demand and future rental growth. Strategically located near Highway 1, the property provides convenient access to Watsonville, Santa Cruz County, Monterey Bay, Salinas, and major employment centers. The surrounding area benefits from a diverse economic base supported by agriculture, healthcare, education, hospitality, logistics, and service industries. 113 Gonda Street represents an exceptional multifamily investment opportunity.

Additional Information

Foundation
Pillar/Post/Pier
Living Area
17,360
Lot Size
34,848
Possession
Close Of Escrow
Region
Hall Road, Las Lomas
Roof
Composition
Utilities
Natural Gas Available
Zoning
RM

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Listing courtesy of Coast & Valley Properties, Inc..

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